In this episode of Mining Stock Education, Bill Powers and Brian Leni each share one of their ten-bagger losses. The duo delves into the intricacies of investing in junior mining stocks through their monthly MSE chat. They tackle a listener’s question about missed investment opportunities and discuss the importance of establishing and adhering to a sound investment process. Brian shares his reasons for passing on Filo Mining due to jurisdictional risks and contrasts it with his success in investing in AbraSilver. The episode also covers investment strategies, such as balancing risk and return and the differences between conservative and speculative approaches. They analyze market dynamics, including the challenges of opaque markets like rare earth elements, and discuss the significance of due diligence, valuation, corporate transparency, and management credibility. Additionally, the episode explores the importance of learning from investment losses to refine one’s process and the contrasting approaches between “spray and pray” and targeted, strategic investing. Listen to these two full-time mining speculators share insights and reflect upon your own approach to junior mining speculation! 0:00 Introduction 0:31 Ten-bagger losses 7:39 Process modification 11:02 “Spray & Pray” vs Rifle approach 19:19 Conservative vs Speculative 22:36 Corp decks 28:10 New geological model speculation 31:43 Investing with failed management 36:50 Lower-tier management with cash 39:40 Director’s overcompensation 44:14 Pump-n-dump case study 49:22 Honorable founder’s shares escrow 52:13 Rare earths Brian’s website: https://www.juniorstockreview.com/ Bill’s Twitter: https://x.com/MiningStockEdu Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/
